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  "documentTitle": "Starboard Value | Activist Presentation Deck | 71 slides",
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  "authorName": "Starboard Value",
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  "presentationDate": "2024-10-01 00:00:00",
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  "notes": "The slide highlights a ~525bps decline using a red callout box and arrow.",
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      "text": "~525bps DECLINE",
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      "text": "Reported Adj. Segment Margins",
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      "text": "Source: Public company filings. (1) Note reported adjusted segment margins do not include an estimated allocation of corporate overhead.",
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      "text": "Skin Health and Beauty’s Margins Have Also Declined",
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      "name": "Cost Of Inaction",
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      "bestFor": "Urgent budget requests, compliance, risk mitigation",
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      "evidence": "The deck presents the costs of inaction for Kenvue's Skin Health and Beauty segment, including underperformance and lost growth opportunities.",
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